MEI has a bad track record getting projects off the ground (multiple projects have never made it to DFS stage). I think Tunks is good in front of the camera and good at getting investors excited. Price rose to 30c on the back of a lot of hype, and eventually reality will set in that this project still needs a lot of drilling, a lot of studies and a lot of money before it even gets close to production, and this will take a lot of time. Time and patience are two things a lot of investors don’t have, and often leads to a slow decline in share price. Why not bank some profits now and keep the project on your watch list to see what happens, new highs are a long way off. I’m not saying MEI does not have a great project on their hands FYI. All IMO.
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Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $252.0M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.0¢ | $402.5K | 3.778M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 275766 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 771031 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 275766 | 0.105 |
14 | 902465 | 0.100 |
1 | 100000 | 0.098 |
2 | 151546 | 0.097 |
1 | 50000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 771031 | 16 |
0.115 | 691400 | 7 |
0.120 | 859886 | 10 |
0.125 | 320970 | 4 |
0.130 | 306699 | 4 |
Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
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